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Ep. 491 The Crypto Regulation Landscape with Mike Belshe: CEO of BitGo

CRYPTO 101

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The Innovators Dilemma

The traditional banks and custodians are really struggling. They're afraid that it's going to put their other assets at risk reputationally, as opposed to technically. So what I've been talking about for a while now is the innovators dilemma. It comes down to that innovation sneaks up on you through iteration. Bico doesn't have a desire to be acquired per se or to go public. Our desire is to make a big, big impact. And right now we have a role. We think that building market structure, delivering trust is something that we are uniquely well suited to do.

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